/ E-Retailers

With $1 billion in sales, Ulmart.ru is cooking up an initial public offering and plans to quadruple its fulfillment space in the next 18 months. The company also plans to expand its SKUs from 63,000 to 85,000 by the end of the year. That will help it reach its goal of $10 to $15 billion in annual sales in the next five years.

With $1 billion in sales, Ulmart.ru is cooking up an initial public offering and plans to quadruple its fulfillment space in the next 18 months. The company also plans to expand its SKUs from 63,000 to 85,000 by the end of the year. That will help it reach its goal of $10 to $15 billion in annual…

Eastern European e-commerce is expected to grow at a compound annual rate of 14.7% through 2016 when it will reach $71.4 billion. E-retailers are enjoying the fruits of that growth, and they’re hungry for more.

Eastern European e-commerce is expected to grow at a compound annual rate of 14.7% through 2016 when it will reach $71.4 billion. E-retailers are enjoying the fruits of that growth, and they’re hungry for more.

/ Marketing

Online sales in Russia are expected to swell to $38 billion by 2018, and Russia ranked fifth worldwide in e-commerce growth last year, according to international market research firm yStats.com. Big players with deep pockets are taking note.

Online sales in Russia are expected to swell to $38 billion by 2018, and Russia ranked fifth worldwide in e-commerce growth last year, according to international market research firm yStats.com. Big players with deep pockets are taking note.